Based on today's classical pivot point (P1) with the value of $0.0₅5340, Robinhood has support levels of $0.0₅5015, $0.0₅4759, and the strongest at $0.0₅4434. Similarly, Robinhood resistance levels are at $0.0₅5597, $0.0₅5922, and $0.0₅6178.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅5015 | |
| S2 | $0.0₅4759 | |
| S3 | $0.0₅4434 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅5597 | |
| R2 | $0.0₅5922 | |
| R3 | $0.0₅6178 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 44.59 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 18.07 | BUY |
| Commodity Channel Index (20) | -52.84 | NEUTRAL |
| Average Directional Index (14) | 14.33 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -81.93 | BUY |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 45.63 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Robinhood price was most positively correlated with the price of APENFT (NFT), Pudgy Penguins (PENGU), Gnosis (GNO), Morpho (MORPHO) and Artificial Superintelligence Alliance (FET) and most negatively correlated with the price of JUST (JST), Injective (INJ), Conflux (CFX), Dogecoin (DOGE) and Binance Coin (BNB).
| Name | Correlation |
|---|---|
| APENFT | 0.879 |
| Pudgy Penguins | 0.871 |
| Gnosis | 0.863 |
| Morpho | 0.857 |
| Artificial Superintelligence Alliance | 0.820 |
| Name | Correlation |
|---|---|
| JUST | -0.685 |
| Injective | -0.649 |
| Conflux | -0.645 |
| Dogecoin | -0.570 |
| Binance Coin | -0.531 |
Robinhood price is positively correlated with the top 10 coins by market cap with a price of 0.411, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.376.
Currencies that are positively correlated with Robinhood indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Robinhood, a move in one direction for Robinhood would translate into a move in the opposite direction for the negatively correlated coin.
